What are derivatives in simple terms?

Related questions

1. How do OTC trades work?
2. How are derivatives priced?
3. What is derivative example?
4. What is the difference between Nasdaq and OTC?
5. Is a future an OTC?
6. How is option value calculated?
7. What is OTC option?
8. What are OTC derivatives examples?
9. How are options priced?
10. What are OTC options?

Tags

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2. #derived
3. #derivative
4. #predict
5. #whose
6. #weather
7. #securities
8. #current
9. #happen
10. #underlying
11. #derivatives
12. #simple
13. #future
14. #situation
15. #means
16. #interest
17. #betting
18. #value
19. #bases